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March 20, 2019 Flat Rock, MI Flat Rock, MI plant to shift to electric vehicle production Ford Motor Company announced today that production of new battery-electric vehicles, autonomous vehicles, and the next generation of Mustang is coming to Michigan. The company plans to build the battery-electric vehicles and the new Mustang at its …

March 19, 2019 375,000-square-foot grocery fulfillment center coming to Groveland, FL Kroger and British grocery company Ocado plan to build a fulfillment center in Groveland, FL. The fulfillment center will be located in an industrial park near American Way and U.S. Highway 27 in north Groveland. Construction will start later this year …

March 19, 2019 Construction continues on Amazon fulfillment center in Garner, NC A massive Amazon fulfillment center in Garner, NC is now seven months into construction. The finished facility will be 2.6-million square feet and rise to a height of four stories. According to Garner’s economic developer Joe Stallings, Conlan Construction has …

Diesel Prices National Average Diesel Price Per Gallon: $3.070 Oil markets are in a state of anticipation as traders analyze the latest comments from Saudi Arabia’s Energy Minister Khalid Al-Falih. Al-Falih said on Sunday, March 17 that OPEC and its non-OPEC allied producers will “stay the course” in terms of their plan to cut production in an …

In a report released today, the Federal Reserve announced a rise in industrial production in February 2019. Industrial production rose by 0.1 percent last month. However, manufacturing production fell by 0.4 percent – its second month of decline. February’s drop in manufacturing production, along with a disappointing jobs report, added to analysts’ concerns of an …

March 14, 2019 $500 million mixed-use development coming to Tampa, FL New York City-based real estate developer The Bromley Companies is set to begin construction on a $500 million, 22-acre site in Tampa. The project will include apartments, a Whole Foods Market, office space, and three parking garages. The project, called Midtown …

March 14, 2019 Durham, NC plant to continue engine production despite grounding of Boeing 737-Max GE Aviation assembles LEAP engines for Boeing 737-Max jets in plants in Durham, NC, as well as in Ohio and Indiana. The jet that crashed on Sunday, March 10 in Ethiopia was powered by a LEAP-1B engine. …

March 12, 2019 $150 million mixed-use development coming to downtown Rockville, MD An 18-story mixed-use development is coming to a 1.5-acre site at the corner of Middle Lane and Monroe Street in downtown Rockville, MD. The project is a joint venture between Duball LLC and Daiwa House Group. The development will include …

Diesel Prices National Average Diesel Price Per Gallon: $3.079 U.S. sanctions against two OPEC members – Venezuela and Iran – have caused some ripples in the oil market. But overall, the sanctions’ effects have been muted. Increased oil production in the United States has offset sanctions against Iranian oil. Moreover, Venezuela’s oil operations had already …

March 11, 2019 $16 million mixed-use construction project planned in Durham, NC This summer, Durham-based Abranova Real Estate will start construction on a $16 million development. The project, called Nova RTP, will be located at 2801 Courtney Creek Boulevard in Durham. The first phase will include 47 townhome units, and is expected to take …